The global water pipeline leak detection system market grew at a CAGR of around 11% during 2014-2019. Water pipeline leak detection equipment is used for the detection and determination of leak location in a pipeline. The water pipeline leakage can be identified by using acoustic and non-acoustic devices. Various sensors and data collectors are placed within the water pipeline network that transmit the data to the network management centre, which are helpful in identifying the leakage area. Moreover, the equipment also helps in reducing the cost of water supply, as utilities can cut down the expenditure incurred on water wastage due to a leak. Owing to this, water pipeline leak detection systems find wide applications across the residential, commercial, and industrial sectors.
The increasing demand for water pipeline leak detection systems can be attributed to the rising environmental concerns towards water scarcity catalysed by the growing global population. Furthermore, rapid urbanization, particularly across developing regions such as India and China has led to the rising development of both residential and commercial spaces, thereby augmenting the need for water pipeline leak detection solutions. Additionally, new residential and non-residential construction activities, along with several renovations of the depleting infrastructures have also augmented the market growth. Furthermore, growing investment towards the expansion of water pipeline coupled with the increasing number of water treatment plants in developing regions such as the Asia-Pacific, Middle East and Latin America is also driving the growth of the water leak detection equipment market. Besides this, the implementation of stringent government norms for reducing water wastage, along with the rising expenditure of water treatment and transmission companies on maintenance is also positively influencing the market growth. Various technological advancements have also led to the introduction of smart water metering and rising usage of Internet-of-Things (IoT) based monitoring systems. These factors are further driving the growth of the market. Looking forward, IMARC Group expects the market to continue its strong growth during the next five years.
Breakup by Technology:
- Ultrasonic
- Smart Ball
- Magnetic Flux
- Fiber Optic
- Other
Breakup by Equipment:
- Acoustic
- Non-Acoustic
Breakup by Pipe Type:
- Plastic Pipes
- Ductile Iron Pipes
- Stainless Steel Pipes
- Aluminium Pipes
- Other
- Breakup by Solution:
- Leak Detection
- Flow
- Pressure
- Break Detection
Breakup by End- Use:
- Industrial
- Residential
- Commercial
- Municipal
Breakup by Region:
- North America
- United States
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- Poland
- United Kingdom
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- United Arab Emirates
- Israel
- Others
- Latin America
- Brazil
- Mexico
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being NEC Corporation, Xylem, Inc., SPX Corporation, Mueller Water Products Inc, Gutermann AG., 3M Company, ABB Ltd., Badger Meter Inc., Perma-Pipe International Holdings, Inc.
Key questions answered in this report:
- How has the global water pipeline leak detection market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the equipment?
- What is the breakup of the market based on the pipe type?
- What is the breakup of the market based on the solution?
- What is the breakup of the market based on the end-use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global water pipeline leak detection market and who are the key players?
- What is the degree of competition in the market?